Facebook began testing the integration of non-fungible tokens (NFTs) on its platform, and in exchange announced that it would shut down its Novi wallet. next 1.9.
the creators of the digital works You can see the NFTs on their Facebook and Instagram profiles and they will carry a label called “Digital Collectibles”.
First, experiments with NFT are performed United States of America and a limited group of people can use this function, reported Techcrunch.
meta Product Manager, deep ridge navigationHe shared some screenshots on his Twitter account to show the use of these NFTs.
People can post their non-fungible tokens to their main Facebook section, and clicking on it will give you details about the digital work, the collection, and its creator.
We launched NFT on Facebook! Excited to share what I’ve been working on with the world. pic.twitter.com/TaV66zRanV
– Navdeep Singh (navdeep_ua) June 29, 2022
Facebook does not charge any associated fees
This was announced by the social network There are no associated fees B. publishing or sharing a non-fungible token.
that’s what he said now there will be no chance Turn NFT posts into ads.
The American company assured that The integration of NFT poses great sustainability challenges due to the impact on the environment his departure; However, the company plans to use renewable energy.
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closed november
Until next September 1, users of the new wallet have the opportunity to download the information they provide on the platform for registration, Meta reported in a commercial on your website.
“Before the service becomes unavailable, You can withdraw the remaining balance and download your information from Novi in a simple way,” the company said.
added starting next July 21 Novi wallet users cannot fund their account. This includes remittances between the United States and Guatemala.
the account of the digital wallet on WhatsApp will not be available, neither will the wallet app.
In addition to Facebook’s previous attempts to issue its stablecoin, there have been other failed attempts such as the Novi wallet, which faded due to pressure from regulators, argues that security, money laundering and consumer protection could be cause for concern.
learn more about it upcoming changes to your Novi account, visit the Novi Help Center by clicking here. Meta has 24/7 online support.
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